Register

`PLZZ HELP FOR BRIANLIST ANSWER Jim deposits 500 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?

`PLZZ HELP FOR BRIANLIST ANSWER Jim deposits 500 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 5 years?
79.1k views
1 vote
`PLZZ HELP FOR BRIANLIST ANSWER

Jim deposits 500 into an account that pays simple interest at a rate of 6%
per year. How much interest will he be paid in the first 5 years?

User Tiwo
by
7.2k points

1 Answer

2 votes
Jim will be paid $150 or 30% to his account.
User Leigh Shepperson
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!